IOST vs LTO Network vs Harmony
What problem does this service solve?
The Internet of Services Token is focused on improving overall blockchain speed and performance. | LTO Network's goal is to use blockchain to add efficiency and automation to organizational workflows. | Harmony's goal is to create a consensus mechanism that will scale for larger networks. |
Token Stats
Company Description
IOST (Internet of Services Token) is a blockchain platform that is focused on improving transaction speed and scalability. IOST has a unique Proof of Believability consensus mechanism that is based on past contributions and behavior. | The LTO Network is a blockchain platform designed to automate workflows and collaboration between organizations. The company places an emphasis on ensuring regulatory compliance. Their network has a hybrid architecture that combines elements of private and public blockchains. | Harmony is developing an open consensus blockchain platform. Harmony's sharding-based consensus mechanism is designed to scale as the number of nodes increases in the network. Harmony aims to tackle issues related to scalability by optimizing across multiple layers in a way that will enable parallel transaction processing with reduced latency. Harmony is currently powered by the ONE token, which is built on the Binance blockchain. |